Market Capitalization referred to as “Market Cap” is used to measure a company’s total value. It is calculated by multiplying the company’s current market price by its outstanding shares. Market cap helps investors to assess a company’s size and compare its financial performance with that of other companies.

Based on different market cap, companies are categorized into various groups like Large-cap, Mid-cap, Small-cap and Micro-cap. Market caps are always subject to fluctuations. A higher market cap indicates a company’s prominent market presence and a lower market cap mentions the company’s growth potential along with risks involved. 

Come let’s have a look at companies who have crossed the 1 lakh margin in market cap in the past year.

List Of Stocks

Indian Overseas Bank(IOB)

IOB, a well-established public sector bank based in Chennai, India was established in 1937. As a bank, they offer a range of banking products and services to corporate, retail and rural customers. The bank has 3236 branches in India and has branches across countries like Hong Kong, Singapore, Thailand and Sri Lanka. 

The stock has moved from Rs. 26.35 to Rs. 65.57  with a return of 148.65% in the past 1 year. The Market Capitalization is around Rs. 1,23,924 crore as on 24th July 2024.

Hero Moto Corp

Hero Moto Corp manufactures and sells a wide range of motorcycles and scooters according to the needs of different customer segments. Hero Motocorp was established on January 19, 1984 and headquartered in New Delhi, India.  They have captured more than 40% of their market share in the Indian motorcycle market and have a presence in more than 47 countries in the world. 

The stock has moved from Rs. 3,134 to Rs. 5,411  with a return of 72.66% in the past 1 year. The Market Capitalization is around Rs. 1,08,067 crore as on 24th July 2024.

Shriram Finance 

Shriram Finance was incorporated in 1979 in Chennai, India. As the Largest retail NBFC (Non-Banking Financial Company) focuses on providing a wide range of financial services like commercial vehicle loans, Two-wheeler loans, Gold loans, Personal loans, FD investments and insurance. They provide these services to the underserved segments of society, particularly in rural and semi-urban areas.

The stock has moved from Rs. 1,819 to Rs. 2,726  with a return of 51.80% in the past 1 year. The Market Capitalization is around Rs. 1,02,526 crore as on 24th July 2024. 

Mazagon Dock Shipbuilders

Mazagon Dock is a diversified shipbuilding and offshore fabrication company. Headquartered in Mumbai, India the company was established in 1934. The company serves both the Indian defense sector as well as the commercial maritime industry both for national and international needs.

The stock has moved from Rs. 1,955 to Rs. 5,034  with a return of 157.49% in the past 1 year. The Market Capitalization is around Rs. 1,01,672 crore as on 24th July 2024 

Solar Industries India

Solar Industries India is an integrated global explosive company founded in 1995 and headquartered in Nagpur, India. As a company, it manufactures and sells a range of explosive-initiating devices and industry explosives. Solar Industries India Ltd has manufacturing units in India, Nigeria, Zambia, South Africa and Turkey.

The stock has moved from Rs. 3,779 to Rs. 10,600  with a return of 181.59% in the past 1 year. The Market Capitalization crossed Rs. 1,00,000 crore recently on July 2nd 2024. Currently it is around Rs. 96,051 crore as on 24th July 2024.

Hindustan Aeronautics

Hindustan Aeronautics(HAL) is into aerospace and defense company, under government of India. They undergo manufacturing and designing process, and supplies aircraft, helicopters and provide services. They serve all types of defence segments.They operate through a network of production facilities, and R&D centers in India. It is headquartered in Bengaluru.

The stock has moved from Rs. 1,942 to Rs. 4,844  with a return of 149.35% in the past 1 year. The Market Capitalization is around Rs. 3,23,687 crore as on 24th July 2024.

IRFC

Indian Railway Finance Corporation (IRFC) is into financing company under the Ministry of Railways in India. Their main operations is into receiving finance through short-term loans, taxable bonds and commercial borrowings. With government backing they raise from tax-free bonds, long-term rupee loans,and equity and free reserves. From the fund they outlay for railways and funding for locomotives, wagons and coaches. It is headquartered in New Delhi, India.

The stock has moved from Rs. 35.10 to Rs. 192.45  with a return of 448.29% in the past 1 year. The Market Capitalization is around Rs. 2,51,634 crore as on 24th July 2024.

Bharat Electronics

Bharat Electronics (BEL) into  manufacturer of electronic products for Indian defense services. Their portfolio consists of communication products, naval systems, land-based radars, electronic warfare systems and electronic systems. They are into services such as electronic components and assemblies, precision machining and fabrication, antennae manufacturing, microwave integrated circuit assemblies and others. They export products across the world. It is headquartered in Bengaluru.

The stock has moved from Rs. 127.05 to Rs. 300.60  with a return of 138.57% in the past 1 year. The Market Capitalization is around Rs. 2,19,732 crore as on 24th July 2024.

Varun Beverages

Varun Beverages being a part of RJ Group, is a conglomerate with operations in beverages, quick service restaurants and dairy and healthcare. They majorly sell carbonated soft drinks, and non carbonated drinks under the trademark of PepsiCo. The company has a presence across India and international presence in Sri Lanka, Morocco, Nepal, Zimbabwe and Zambia. With 37 Manufacturing facilities aiding the production of its products, their supply chain as a bottlier and contract manufacturing is more prominent for PepsiCo.

The stock has moved from Rs. 817.70 to Rs. 1,607.55  with a return of 96.59% in the past 1 year. The Market Capitalization is around Rs. 2,09,211 crore as on 24th July 2024.

Interglobe Aviation

Interglobe Aviation (IndiGo) is a into low-cost airlines transportation services. They offer both cargo and passenger services. Their other services include support services. Indigo provides holiday packages to variety of destinations. They carry out operations in  ground from handling flights in airport to in-flight catering services. Their presence is across domestic and international markets. It is headquartered in Gurgaon.

The stock has moved from Rs. 2,670.65 to Rs. 4,394  with a return of 64.53% in the past 1 year. The Market Capitalization is around Rs. 1,69,825 crore as on 24th July 2024.

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Bank of Baroda

Bank of Baroda is into private, retail, and commercial banking and other financial solutions. Their products include deposit services, loans, credit cards and others. Their portfolio include vehicles, home loans, agriculture, education corporate and personal requirements. The bank operations presence is in domestic and international markets. Their office is headquartered in Baroda.

The stock has moved from Rs. 197.75 to Rs. 250  with a return of 26.04% in the past 1 year. The Market Capitalization is around Rs. 1,29,025 crore as on 24th July 2024.

Punjab National Bank

Punjab National Bank provides commercial and retail banking, and other financial services. Their portfolio consists of debit and credit cards, retail  and corporate loans, deposit services, and others. Their international segment includes foreign currency services, transfers, world travel cards and others. The operations of the bank is in India and has international presence in Bhutan, the UK, Bangladesh, Myanmar, the UAE, and Nepal. It is headquartered in New Delhi.

The stock has moved from Rs. 60.70 to Rs. 117  with a return of 88.41% in the past 1 year. The Market Capitalization is around Rs. 1,28,829 crore as on 24th July 2024.

Cholamandalam Investment and Finance

Cholamandalam Investment and Finance Company, a subsidiary of Murugappa Group, operating as a non-banking finance. It offers lending and other financial solutions. Their products include loans for vehicles, property loans, remodeling loans for homes, purchase of homes and plots and SME loans, corporate financing and Agri Loans. Their investment portfolio include mutual funds, derivatives, stock, and others. They are headquartered in Chennai.

The stock has moved from Rs. 1,145.35 to Rs. 1,396.85  with a return of 21.96% in the past 1 year. The Market Capitalization is around Rs. 1,01,672 crore as on 24th July 2024.

Conclusion

By looking at the company’s 1 lakh crore market cap this year we can identify the growth potential and resilience of the Indian stock market. These firms have delivered impressive financial returns and shareholder returns to achieve this milestone. As the economy continues to expand, these companies will be trying to capitalize the emerging trends and maintain their competitive edge. What would you bet about these companies’ performance?  Do let us know in the comments below.

Written by Santhosh

By utilizing the stock screener, stock heatmap, portfolio backtesting, and stock compare tool on the Trade Brains portal, investors gain access to comprehensive tools that enable them to identify the best stocks, also get updated with stock market news, and make well-informed investments.

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